Tyson Foods thanks employees with $50 million in year-end bonuses

SPRINGDALE, Ark. — Tyson Foods is saying thank you once again to more than 90,000 hourly team members across the U.S. by giving them approximately $50 million in year-end bonuses for their efforts over the past year. For team members in the U.S., these bonuses range from $300 to $700, and will be distributed starting in mid-December.

In addition to year-end bonuses, Tyson, which has a plant in Mitchell County, is offering flexible work schedules at some facilities and new and expanded benefits, services and resources for all U.S. team members beginning in 2023. With average hourly pay of around $19, plus the value of medical, dental and vision insurance, vacation and other benefits, the average total compensation for hourly team members is approximately $24 an hour, or an annual average value of nearly $50,000. This does not include overtime, an option many team members choose, or other incentives.

“We’re extremely grateful for all of our team members in the hundreds of communities where we operate, and we want to recognize our success together and say thank you,” Donnie King, president and chief executive officer of Tyson Foods, said in a news release. “As we progress our efforts to be the most sought-after place to work, we continue to listen to our team members’ needs and invest in areas like child care to provide a better quality of life for our team members.”

Tyson also provides opportunities for education and life-skill development through the Tyson Immigration Partnership, which helps immigrant team members acquire U.S. citizenship. In 2022, Tyson strengthened its commitment to immigrant team members and has now invested more than $2.4 million to support partners like Immigrant Connection, a nonprofit organization that provides immigrants with legal services, such as employment authorization renewals and petitions for citizenship.

The company’s Upward Academy program also offers free and accessible classes in English as a Second Language, High School Equivalency, financial literacy and digital literacy. In 2022, the company expanded Upward Academy to provide free education for all U.S. team members. Tyson’s investment covers 100% of all tuition, books and fees and will include access to more than 175 programs from more than 35 top universities and learning providers. Tyson also is helping address the barriers of transportation through a growing ride-share program that provides a low-cost way to commute to work.

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